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Ponmudi R, CEO of Enrich Money. 3) Value Buying After Sharp Market Correction. Markets had corrected significantly in recent sessions: Nifty fell 2.5% on
Rupee opens 0.36% higher at 93.64 per US dollar amid signs of de
Ponmudi R, CEO of Enrich Money, said that USD/INR is trading above 93.8 ... Catch all the Business News , Market News , Breaking News Events and Latest News
Mmint
March 24, 2026 at 09:05 AM


Stock markets surge in early trade as Trump halts strikes on Iran's
Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. Foreign Institutional Investors (FIIs) offloaded equities worth Rs 10,414.23
JJammu Links News
March 24, 2026 at 11:12 AM


Gold Price Plunges 10% Amid Escalating US-Iran Tensions, Oil and
monetary tightening expectations pulling in opposite directions. Ponmudi R, CEO of Enrich Money, expects the selling pressure to continue, but notes that
IIPO Scanner
March 24, 2026 at 12:15 PM


US-Iran ceasefire report among key factors behind market rally
Ponmudi R, CEO of Enrich Money. Technical Outlook. Anand James, Chief Market Strategist at Geojit Investments, said sustained trades above 22,680 would
TTradingView
March 24, 2026 at 09:45 AM


US-Iran ceasefire report among key factors behind market rally
Ponmudi R, CEO of Enrich Money. Technical Outlook. Anand James, Chief Market Strategist at Geojit Investments, said sustained trades above 22,680 would
TTradingView
March 24, 2026 at 09:25 AM


US-Iran ceasefire report among key factors behind market rally
Ponmudi R, CEO of Enrich Money. Technical Outlook. Anand James, Chief Market Strategist at Geojit Investments, said sustained trades above 22,680 would
TTradingView
March 24, 2026 at 09:10 AM


US-Iran ceasefire report among key factors behind market rally
Ponmudi R, CEO of Enrich Money. Technical Outlook. Anand James, Chief Market Strategist at Geojit Investments, said sustained trades above 22,680 would
TTradingView
March 24, 2026 at 09:05 AM


Stock Markets Surge in Early Trade as Trump Halts Strikes on Iran's
Ponmudi R, CEO of Enrich Money, an online trading and wealth tech firm, said. Foreign Institutional Investors (FIIs) offloaded equities worth ₹10,414.23
OOutlook Business
March 24, 2026 at 12:25 PM
两周狂泻1000美元,年内涨幅清零,黄金还没跌到位? - QQ News
Ponmudi R(Enrich Money CEO)表示,若金价跌破4250至4400美元支撑区间,可能进一步打开至3800至4000美元的下行空间;Jateen Trivedi(LKP Securities商品与货币研究
Nnews.qq.com
March 24, 2026 at 01:52 AM
Today Forecast
Pre-Market Outlook
2026-03-2407:12 AM
The Indian equity market is expected to open on a strong positive note with a sharp gap-up, supported by a meaningful improvement in global sentiment following the recent decline in crude oil prices. The easing in oil has been triggered by a temporary de-escalation in geopolitical tensions, after Donald Trump postponed the planned strikes on Iran’s power infrastructure for five days. This signals ongoing diplomatic engagement and has reduced immediate fears of a full-scale escalation, bringing short-term relief to global markets.
The Indian rupee, which had earlier breached the 94 mark against the US dollar, has shown signs of recovery and is now trading closer to the 93 level in offshore trade. This reflects easing pressure from crude prices and improving risk sentiment. However, currency volatility continues to remain a key monitorable, especially in a globally sensitive environment.
Global cues have turned decisively supportive. U.S. markets closed firmly in positive territory overnight, while Asian markets are witnessing strong momentum, with the KOSPI surging nearly 4% and the Nikkei advancing close to 3% in early trade. This broad-based risk-on sentiment is likely to trigger short-covering and relief rallies across domestic equities, especially after the recent sharp correction.
At the same time, Foreign Institutional Investor (FII) flows remain a critical variable to watch. Persistent selling has been a key overhang on the market, and any moderation or reversal in FII outflows could act as a strong catalyst for sustained upside.
Overall, the market tone has turned constructively positive in the near term, driven by easing crude prices, improving global cues, and a temporary cooling of geopolitical risks. However, the environment remains highly event-driven and fragile. Sustained upside will depend on continued stability in crude oil, currency movement, geopolitical developments, and institutional fund flows.
Technical View
Nifty 50
Nifty 50 is expected to open on a strong positive note, potentially above the 23,000 mark, reflecting improved sentiment and global support. The index is likely to witness a sharp gap-up opening, indicating a recovery attempt after recent weakness. For any meaningful short-term stabilization, Nifty needs to reclaim and sustain above the 23,500 zone, which remains a critical resistance band and a key hurdle for trend reversal. A sustained move above this level can open further upside towards 23,800–24,000 levels.
On the downside, the 22,500–22,400 zone continues to act as a strong support base. Any pullback towards this region is likely to attract buying interest. Overall, the short-term outlook has turned positive, indicating the potential for a relief rally. However, the broader structure remains cautious, and confirmation of strength will require sustained price action above key resistance levels.
Bank Nifty
Bank Nifty is expected to open on a positive note, in line with the broader market, supported by improving sentiment and the likelihood of a relief bounce after recent declines. From a technical standpoint, the index needs to reclaim and sustain above the 54,000 level to signal meaningful short-term strength. This zone remains a crucial resistance and a decisive hurdle for further upside. Immediate trading range for today is likely between 52,300–52,700 in early moves.
On the downside, 52,000–51,800 is expected to act as a strong support zone, where buying interest could emerge. Overall, the outlook has turned short-term positive, indicating the possibility of a relief rally. However, the broader trend remains cautious, and sustained strength above resistance levels is essential to confirm a stronger directional move.
Ponmudi R, CEO of Enrich Money
Today Nifty Outlook
NIFTY50
Today Bank Nifty Outlook
BANK NIFTY

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